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News2025-06-04
Euro/GBP falls, euro zone inflation intensifies dovish ECB expectations
On Tuesday, the euro (EUR) saw a pullback against the pound (GBP), and the price fell to the 10-day simple moving average (SMA) close to 0.8415. As of press time, EUR/GBP trade was below the 78.6% Fibonacci retracement level from March to September 2022 (from ...

News2025-06-04
Gold prices fall by more than 1% as strong U.S. jobs data drives the dollar up
Gold prices cut some gains after rising Monday, falling more than 1% on Tuesday as U.S. employment data showed that labor markets remain tight. Meanwhile, the overall strength of the dollar puts pressure on earnings metals. Gold/USD traded at $3,348 after hitt...

News2025-06-04
Euro/JPY rebounds at moving average support, although Eurozone inflation data is
The euro (EUR) exchange rate against the Japanese yen (JPY) continued to strengthen on Tuesday, which was traditionally regarded as a safe haven currency. As of press time, EUR/JPY trading was above the 20-day Simple Moving Average (SMA) support level 163.31, ...

News2025-06-04
Further U.S. hard data and Bank of Canada meeting attracted all attention
The U.S. dollar index (DXY) rebounded from a six-week low of about 98.50 on Tuesday, eventually breaking the 99.00 mark again, despite a slight decline in U.S. yields. The ADP Employment Change Report will be the center of discussion, followed by the ISM Servi...

News2025-06-04
Mexican peso trades sideways in front of the dollar as U.S. employment data stil
The Mexican Peso (MXN) to the U.S. dollar (USD) traded in a narrow range on Tuesday after the dollar recovered from Monday’s sell-off. As the USD/Mexican Peso trades above the psychological support level of 19.20, the 10-day simple moving average (SMA) provide...

News2025-06-04
Guide to short-term operations of major currencies on June 4
From a technical point of view, the US dollar index rose below 99.35 on Tuesday and the decline above 98.55 was supported, meaning that the US dollar may maintain an upward trend after a short-term decline. If the US dollar index falls above 98.75 today and st...

News2025-06-04
Strong US index pressure on commodities, gold and silver rebound to short
Yesterday, the gold market opened at 3383.8 in the morning and then the market first rose, which gave the daily high of 3392.5, and then the market fluctuated strongly. During the US session, the daily line was at the lowest level of 3332.8, and then the marke...

News2025-06-04
6.4 Gold fluctuates and falls, crude oil rises strongly, today's market trend an
There are always four levels in the investment market: keeping the principal, controlling risks, earning profits, and making long-term and stable profits. Don’t determine the result because of the winning or losing of a day. Is it accidental or inevitable to m...

News2025-06-04
A collection of positive and negative news that affects the foreign exchange mar
1. Macroeconomic data: long and short signals intertwined (I) Good news. The U.S. non-farm employment data in May exceeded expectations. Data released by the U.S. Department of Labor showed that the number of non-farm employment in May increased by 248,000, fa...

News2025-06-04
The dollar strengthens and suppresses it, and the US ADP is coming with PMI data
In Asian session Wednesday, the dollar index hovered around 99.20, and the dollar rose on Tuesday, rebounding against the euro from a six-week low, although investors remained worried that the trade war launched by the Trump administration could damage the eco...

News2025-06-04
Oil prices climb to two-week highs, dollar strengthens to suppress Gold prices f
Basic news on Wednesday (June 4, Beijing time), spot gold trading was around 3357.20. Gold fell nearly 1% after hitting a nearly four-week high on Tuesday. It was suppressed by the strengthening of the US dollar. Investors are also paying attention to the US n...

News2025-06-03
Exchange rates are difficult to fall below the main trend line before key data i
XM Forex APP News - During the European session on Tuesday (June 3), on the time-sharing chart, the US dollar against the Canadian dollar is in a relatively strong state in the short term, but has not yet reached the extreme of overbought. The fluctuating upwa...

News2025-06-03
Euro/USD aims at more upward space, is the breakthrough coming soon?
XM Foreign Exchange APP News - During the European session on Monday (June 2), the euro-dollar time-sharing chart showed that the price showed a trend of fluctuation first and then a sharp rise. The current price is 1.1417, which is higher than the time-sharin...

News2025-06-03
The gold cycle last Friday, and then stabilized after 3370 tonight
Zheng‘s silver: Gold cycle last Friday, 3370 tonight, first suppressed and then stabilized, reviewed yesterday‘s market trend and technical points: First, gold: Last Friday, it was planned to bottom out at 3265, and it was believed that the short-term decline ...

News2025-06-03
Eurozone inflation is lower than target, analysis of short-term trends of spot g
Global Market Review 1. European and American market trends. The three major U.S. stock index futures fell, Dow futures fell 0.21%, S&P 500 futures fell 0.14%, and Nasdaq futures fell 0.04%. The German DAX index rose 0.02%, the UK FTSE 100 index rose 0.13%, th...
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